Natural Gas Daily Middle East & East Mediterranean LNG
Cyprus prepares to tender FSRU contracts26 July 2017
Cyprus has decided to proceed with its first LNG import project and is preparing to tender contracts for an FSRU and LNG supplies.
DEFA, Cyprus’s public gas supply company, commissioned a study from Gaffney, Cline & Associates in December last year which concluded that an FSRU would be the best option to allow Cyprus to switch to gas-fired power instead of using oil. Cyprus wants to start producing gas-fired power by 2020 to keep in line with the EU’s emissions targets.
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